Many if not most boards get along famously. There are boards that have had the same members for decades and run their communities without a hitch. We frequently get calls from readers who are troubled when they find that their board …
Many if not most boards get along famously. There are boards that have had the same members for decades and run their communities without a hitch. We frequently get calls from readers who are troubled when they find that their board …
In an urban or sprawling suburban environment, people can still feel isolated. While high-rise residential buildings and suburban subdivisions put many people and families in very close proximity to one another, living side-by-side doesn’t…
When electing board members to serve on behalf of your co-op, condo or HOA community, you expect them to be on their best behavior and think of the needs of the building and the people who live there when making their decisions. Regardless…
You can’t underestimate the value of insurance. In a simple analogy, operating a business—or the day-to-day business of a co-op or condo—without adequate insurance coverage is a lot like skydiving without a parachute. Needless to say, it’s…
Say you’re in bed, and you hear what sounds like the shower going. It's late, and you're tired, so you pay it no mind. You wake up at 4 a.m. to get a glass of water and find half the rooms in your apartment flooded— you forgot to turn the …
Individuals, associations and other entities carry insurance coverage to protect them from liability, loss, and other financial and legal threats—that's pretty basic. What isn't always so basic is deciding when to file a claim versus payin…
Sometimes insurance and the terms that accompany it can feel like a completely foreign language. It can be mystifying and overwhelming, whether for individual condo residents or the board members who oversee the community as a whole. The i…
When is a flood not a flood? That’s a serious question for the Garden State's residential communities. Even if they have flood insurance, damage caused by heavy rains and backed-up sewers may not meet the National Flood Insurance Program (…
Homeowners associations and co-ops alike are governed by a set of specific documents that lay out the administrative structure of the community, its rules and regulations, and protocols for decision-making. The certificate of incorporation…